Welcome to my King Finance Trade Review.
As a Bitcoin mining startup, King Finance Trade is no stranger to scams. In fact, they are one of the first ones to have emerged after the collapse of Watermine, which is a similar scam.
The business model is typical bogus “bitcoin mining,” with customers handing over their money, hoping for payouts.
Some people make the promised payouts, while most of the money disappears from their account.
This is a classic Ponzi scheme. Its math ensures that most participants lose money when the scheme goes down.
Contents
King Finance Trade Review Company Info
Although trading has become more accessible to everyday people, it has not become any safer.
As long as you have enough knowledge and experience, you should stay away from companies that are blacklisted and those that offer low returns.
Beware of scammers, who will convince you to invest, only to disappear once you’ve made the deposit.
Instead, use a licensed brokerage that offers a range of investment packages, including Bitcoin mining. Then, you can relax knowing your funds are in good hands.
KingFinance Trade Review Products
There is no way to guarantee your safety in trading, but King Finance Trade is not one of them.
There are several reasons why you shouldn’t invest in the company.
A scammer’s main motive is to get your money, so you should avoid these scammers.
They’ll move on to a different scam site once you’ve fallen for their tactics.
If you’re serious about investing in bitcoin or cryptocurrencies, open a free demo account with a regulated broker first. Only then should you invest your hard earned cash.
King Finance Trade Compensation Plan
King Finance Trade claims to be a legitimate MetaTrader product. However, its customized software allows it to manipulate price movements and payouts.
You can lose or win small amounts of money in exchange for the promise of high profits.
This is not possible in crypto mining and is highly volatile. Moreover, it’s easy to get scammed by fake brokers, and King Finance is no exception.
The platform is a clone of Watermine, which was exited from the market a few months ago. While its name has remained the same, it is still a legitimate ICO.
King Finance trade is a clone of Watermine, which was a scam and is also a scam.
While it’s not illegal, it doesn’t provide any real information. It’s also a copy of Watermine. I
n a nutshell, it is a cheap, rip-off of a legitimate system. So, why would you invest money in King Finance? If you’re not sure, there’s no need to risk your money.
King Finance Trade Referral Commissions
Despite the company’s claims, it is unlikely to be a reliable investment platform.
It’s not a registered entity, and its claims of legitimacy are untrue.
Furthermore, King Finance does not have the required documentation to be considered a legitimate business.
Its website doesn’t mention its physical address, operator names, or social media accounts. I
f you’re interested in becoming a member of this program, read this King Finance trade review to learn how the platform works.
Cost to Join King Finance Trade
In addition to trading on the internet, King Finance also offers a platform for cryptocurrency mining. It’s not a scam,
but it is an imitation of the famous Watermine program. If you’re considering investing in this service, it may be a good idea to start a demo account with a regulated cryptocurrency broker.
Before investing any money, make sure you understand the risks and invest your money with a strategy that’s right for you.
Is King Finance Trade a Scam?
King Finance Trade claims to be a MetaTrader clone. This is not true.
They use custom software that allows for arbitrary price movements and allows their downline members to lose and win small amounts of money.
The only way to avoid being scammed by these companies is to choose a reputable, legitimate, and trustworthy trading platform.
You can also join a legit platform that offers a wide variety of investment packages.
Final Thoughts
If you’re looking for a safe platform to invest in cryptocurrency, King Finance Trade is probably not for you.
The company claims to be a copycat of Watermine, but that’s only because it’s a copycat.
Besides, King Finance doesn’t offer a demo account. This means that if you’re not comfortable with this program, there’s no reason to sign up.
If you’re a newbie, the best way to find out more about the company is by reading a review.